The Illinois Secretary of State liked what we want to do for the students of Illinois. On August 2, 2010 we were officially accepted as a nonprofit organization by the State of Illinois! We’ve applied for our 501c3 charitable status and are eager to hear from the IRS – who would have ever thought they’d say that? What does it mean for you if we get our 501c3 status? As a donor you’ll be able to deduct your contributions from your income for taxes.